Bloomberg
Bloomberg
Page 203 - Bloomberg/reuters
LG Electronics weighs IPO in India to help chase its $75 billion goal
Chief Executive Officer William Cho said an Indian market debut is one of several options it's weighing to revitalise a decades-old consumer electronics business
 "LG Electronics weighs IPO in India to help chase its $75 billion goal")
Politics becoming family biz in Southeast Asia despite large democracies
Tapping into family lore helps with this generation's allure for voters. The child of a formidable political force has been elevated in Thailand, too
 "Politics becoming family biz in Southeast Asia despite large democracies")
Apple CFO Maestri to hand off job to Kevan Parekh; moves to smaller role
Parekh, 52, will become CFO on Jan. 1 in what Apple described as a planned succession. Maestri, who has been CFO since 2014, will remain at Apple in a reduced position
 "Apple CFO Maestri to hand off job to Kevan Parekh; moves to smaller role")
World-beating Indian energy stocks' rally has fuel for more gains
The Nifty Energy Index, a local benchmark for the industry, has risen 31 per cent this year, on course for a nine-year winning streak
 "World-beating Indian energy stocks' rally has fuel for more gains")
US Fed cuts likely to send $1 trn FX avalanche to China: Eurizon SLJ's CEO
The chief executive of Eurizon SLJ Capital said currency is now the biggest risk that's not priced in properly across markets - and the yuan may play an outsized role
 "US Fed cuts likely to send $1 trn FX avalanche to China: Eurizon SLJ's CEO")
Middle-east on edge after Israel's bombing of Lebanon to thwart attack
Israel's assault on Sunday morning was based, Israeli officials said, on intelligence that Hezbollah was about to fire thousands of missiles at northern Israel and drones at key intelligence center
 "Middle-east on edge after Israel's bombing of Lebanon to thwart attack")
Alleged child protection failures on app led to Telegram CEO's detention
The 39-year-old Russian-born billionaire was stopped on Saturday at Le Bourget airport north of Paris, according to a statement from Paris prosecutor Laure Beccuau
 "Alleged child protection failures on app led to Telegram CEO's detention")
Elon Musk's Grok could be a risky experiment in AI content moderation
Grok's images, powered by a small startup called Black Forest Labs, were deliberately unfiltered, but even Grok appears to have reined in some forms of content.
 "Elon Musk's Grok could be a risky experiment in AI content moderation")
Bank of Canada may cut interest rates deeper, faster over next year
Policymakers led by Governor Tiff Macklem are expected to lower the benchmark overnight rate to 4.25 per cent at their Sept. 4 meeting
 "Bank of Canada may cut interest rates deeper, faster over next year")
Telegram CEO Pavel Durov arrested at Paris airport for alleged offences
The 39-year-old billionaire is suspected of failing to take steps to prevent criminal use of Telegram, AFP said, adding he's expected to appear in court on Sunday
 "Telegram CEO Pavel Durov arrested at Paris airport for alleged offences")
Bitcoin touches $65,000 mark on Powell pivot, streak of ETF flows
The largest digital asset rose as much as 1.2 per cent to $65,030 on Monday before dipping back to $63,780 as of 9:19 a.m. in New York
 "Bitcoin touches $65,000 mark on Powell pivot, streak of ETF flows")
New Boeing CEO faces hard choices after Nasa snubs Starliner for SpaceX
Starliner is one of several fixed-price contracts dragging on the profits in Boeing's defense and space division, which posted a $762 million operating loss during the first six months of 2024
 "New Boeing CEO faces hard choices after Nasa snubs Starliner for SpaceX")
Bangladesh begins with economic clean-up after Sheikh Hasina's exit
From a distance, Bangladesh was widely perceived as an economic success story, propelled by the world's second-largest garment exports industry
 "Bangladesh begins with economic clean-up after Sheikh Hasina's exit")
China to raise Taiwan, tariffs issue during US NSA Jake Sullivan's visit
Beijing has long complained about US measures to cut off China from high tech, including semiconductors, and about the White House's efforts to work with allies on security and economic issues
 "China to raise Taiwan, tariffs issue during US NSA Jake Sullivan's visit")
Sanctioned Russian LNG tanker attempts to transfer cargo to another ship
Pioneer vessel appears to stop next to another LNG ship in an apparent ship-to-ship transfer
Sanctioned Russian LNG tanker attempts to transfer cargo to another ship
Pioneer vessel appears to stop next to another LNG ship in an apparent ship-to-ship transfer
 "Sanctioned Russian LNG tanker attempts to transfer cargo to another ship")
More Londoners buying homes miles away from capital for better money value
Over 25 per cent of households trading a London home for one outside the capital moved more than 100 miles away in the first half
 "More Londoners buying homes miles away from capital for better money value")
Telegram questions grounds of CEO's detention, says it abides by EU laws
Telegram issued a statement on its platform and on X, formerly known as Twitter, saying the Dubai-based company abides by European laws
 "Telegram questions grounds of CEO's detention, says it abides by EU laws")
China's EV maker's weak response to EU proves costly in tariff dispute
The main factor driving the uneven treatment appears to be varying levels of cooperation
 "China's EV maker's weak response to EU proves costly in tariff dispute")
Cheap AI bots rapidly expand across India, transforming tech landscape
Startups may turn India into a proving ground for what could be the next frontier of generative AI products
 "Cheap AI bots rapidly expand across India, transforming tech landscape")